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Capitalists Should Be Removed From All Our Systems, Not Just Health Care (www.counterpunch.org)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 3 days ago (1 children)

We don’t have capitalism in healthcare. There are “profits” but because the system is not a free market they’re more “spoils” than “profit”. Profit comes when you sell something, and forcing an exchange is not a sale.

[–] Croquette 1 points 2 days ago (1 children)

Free market is just a flavor of capitalism. The main goal of capitalism is to give more capital for the capital holders.

[–] [email protected] 2 points 1 day ago (1 children)

Capitalism is when one person owns the capital and another person works it. This is also known as “an economy with jobs”.

The reason it’s associated with free markets is that people hiring other people — ie jobs existing — is what people decide to do when they are free to choose how to interact with one another.

[–] Croquette 1 points 1 day ago

Yeah but your point was that there wasn't capitalism in healthcare because there is no free market, which is factually wrong.

You can have capitalism with or without free markets.

Would you say that an oligopoly isn't capitalism? This isn't a free market, but it is capitalism.